One of the fastest-growing cities of Andhra Pradesh, Kakinada was once a prominent Dutch Colony. This city is exceptionally well-planned and abounds in historical importance. Besides, Kakinada being a coastal town, has several beaches and leisure spots. The Coringa Wildlife Sanctuary, alongside several temples in the city also attract a vast base of tourists every year.
Moreover, the rapid growth of industries, transportation, connectivity with other places via road and water make Kakinada one of the suitable places to live in Southern India. However, with rising demography of the city, costs of living have also surged in recent years. Locals can opt for an online loan in Kakinada to meet variegated expenses without the hassle of visiting bank branches.
Broadly, online loans are classified into two segments – secured and unsecured loans. Typically, unsecured loans like personal loans and business loans require one to satisfy strict eligibility criteria and higher interest rate. Therefore, people who need an affordable, quick loan in Kakinada may not find unsecured loans to be a suitable choice.
Therefore, people are gradually inclining towards secured options like a gold loan when it comes to availing immediate cash loan in Kakinada. It’s not only easy to avail and affordable to repay but is also sanctioned faster than most unsecured loans.
One can consider taking an online gold loan from Rupeek that accompanies a range of borrower-oriented features besides the ones mentioned above.
Prospective borrowers should check the following features of Rupeek online gold loan in Kakinada to make the most of the funds.
Rupeek borrowers are eligible to raise funds on top of their existing loan by pledging some additional gold afresh. Named as Rupeek Quick, this facility comes handy when one seeks instant, short-term loan in Kakinada.
Moreover, this credit line or loan overdraft facility makes for additional savings as the interest is charged only on the amount utilised from the fund.
We offer instant cash loan in 1 hour in Kakinada with our dedicated doorstep services. Starting from gold valuation to disbursement of the loan, everything is wrapped up real soon within 60 minutes and at the comfort of the borrower’s home.
Hence, by approaching Rupeek, borrowers can get an instant online loan at their doorstep. Moreover, prospective borrowers can get an idea of how much loan they are eligible for by using our online calculator.
The affordability of a loan depends heavily on the interest payment. However, with Rupeek, one does not need to think about this aspect as much because the interest rate of Rupeek online loan in East Godavari starts from 0.49% monthly.
We offer a gold loan of up to Rs. 1.5 crores to individuals, based on their gold’s value and applicable LTV. However, irrespective of the loan amount, the repayment of the same is simplified as we have repayment schemes that are flexible and ensures borrower convenience.
Depending on their financial health, they either can opt for monthly repayment or repay the whole amount any time per their convenience within the tenure.
These are some of the factors that make Rupeek gold loan a top favourite option for instant online loan Kakinada.
Currently, we are extending our doorstep services in the following places in Kakinada. Avail our services instead of surfing for ‘gold online loan agents near me’.
Therefore, when it comes to online loans in East Godavari, Rupeek tops the category due to the several perks it offers to customers. It is not only a great alternative to an online personal loan in Kakinada but remains ahead of it in several points.
Hence, to get the best value of your gold, apply for a Rupeek gold online loan in Kakinada now!
|Comparision Parameters||Other online loans||Online Gold loan|
|Monthly Interest Amount|
|Eligibility & Documentation||More Documents Needed||Only KYC Needed|
|Processing Time & Disbursement||2 days to 1 week||Within a day|
|Required Gold Weight||-|
First, log in to your Rupeek account and authenticate with OTP. Navigate to ‘repay your loan’ tab, and choose the payment option, follow the instructions and pay the amount using any online transaction mode. The confirmation of the same will come to your registered mobile number.
No, you do not need a gold insurance cover. We offer complimentary gold insurance for the entire tenure.
We offer our gold loan services to more than 500 locations across India. You can refer to the location list from our website or contact us to know more.
There is no such stringent eligibility for Rupeek gold loan as you have to have enough gold to pledge and KYC documents. Also, you need to be aged at least 18 years or above.
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